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$1,599,000

13027 68 AVENUE

Surrey · MLS® R3166268

8 bed · 6 bath · 4,909 sq ft · 7,234 sq ft lot · 5 parking

House · Single Family · built 2003 · 21 days on market

Listed by Ankur Kaushal, Century 21 Coastal Realty Ltd.

Realtor's description

PRIME LOCATION IN WEST NEWTON! This spacious and well-maintained home offers 9 bedrooms and 6 bathrooms, including excellent mortgage helpers with 2+1+1 suites generating substantial rental income. Situated on a large 7,200 SF lot, this property features a highly desirable layout with 5 generous bedrooms upstairs, making it ideal for large or multi-generational families. The bright open-concept floor plan provides plenty of living and entertaining space throughout. Enjoy tons of parking with a large driveway and ample street parking for guests and tenants alike. Conveniently located close to schools, parks, shopping, transit, recreation facilities, and temples, with easy access to major routes. A fantastic opportunity for homeowners and investors alike. Don't miss out-contact us today.

Property details

Type: House, Single Family
Bedrooms: 8
Bathrooms: 6
Living area: 4,909 sq ft
Lot: 7,234 sq ft
Parking: 5
Year built: 2003
Property tax: $7,493 / yr
Days on market: 21
MLS®: R3166268

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Storage Shed

Price check

2026 assessment: $1,679,000 · asking is -4.8%
Price per sq ft: $326 vs $532 median for houses in Surrey for sale (1854)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 21 days · no price changes so far

The market here

Listed now: 64 days; median for 1908 houses for sale; this one 21 days

Houses in Surrey. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$1,679,000	$5,754

The listing shows $7,493 a year in property tax.

Estimate: the BC Assessment value times Surrey's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$7,591/mo

Mortgage $6,967 · Tax $624

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,967/ monthly

loan $1,279,200

25-year amortization

down payment20% · $319,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $810,807
property transfer tax: $29,980; BC general rate
cash to close: $349,780; down + PTT
total paid: $2,090,007

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Suite rent: $1,602/mo
Your cost after the suite: $6,292/mo; vs $7,766 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,967 · tax $624 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Surrey (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

Lot outline: 675 m² (7,266 sq ft) · PID 002-040-573. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary W.E. Kinvig Elementaryhomes in this catchment
700 m away · 13266 70b Ave, Surrey · 604-594-1135
Secondary Princess Margaret Secondaryhomes in this catchment
800 m away · 12870 72 Ave, Surrey · 604-594-5458

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Development nearby

Rezoning for 98 homes
390 m away · 2022 · under review
Official Community Plan Amendment from Urban to Commercial Rezoning from C-5 to CD (based on RM-70) and Development Permit for Form Character to allow for 98 apartment units and 1782.90 sqm. main Floor commercial space.
Rezoning
120 m away · 2024 · conditionally approved
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Child Care Zone (CCR) to permit a child care centre limited to 16 children as an accessory use within the existing single-family dwelling

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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